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Franklin Park

Franklin Park is a village in Cook County, Illinois, United States. The population was 18,333 at the 2010 census. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Housing Stock Composition

The composition of a neighborhood's housing stock determines the appropriate targeted strategies for stabilizing local housing markets.

Housing Units by Property Type

The composition of a neighborhood's housing stock determines the appropriate targeted strategies for stabilizing local housing markets.


Property Type 2023
Single Family 70.5%
Condominium 3.7%
Building with 2-4 Units 7.0%
Building with 5+ Units 18.8%


Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 378 281 185 102 153 168 219 239 273 250 233 272 297 265 286 185 276 228 170
Single Family 287 255 173 92 149 159 189 221 249 223 206 250 279 245 261 172 239 201 151
Condominium 70 13 8 8 2 3 14 10 12 16 13 9 10 8 10 4 13 10 12
Building with 2-4 Units 12 8 4 1 1 2 12 6 11 9 12 6 4 7 10 6 12 14 5
Building with 5+ Units 9 5 -- 1 1 4 4 2 1 2 2 7 4 5 5 3 12 3 2


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 6.3 4.7 3.1 1.7 2.6 2.8 3.7 4.0 4.7 4.2 3.9 4.6 5.0 4.5 4.9 3.1 4.7 3.9 2.9


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 2.6% 4.3% 2.7% 6.9% 3.9% 4.2% 15.1% 11.3% 19.4% 10.4% 10.3% 12.1% 11.4% 10.9% 9.4% 5.4% 9.1% 5.7% 9.4%
Single Family 1.7% 3.5% 2.9% 6.5% 4.0% 3.8% 11.1% 10.0% 19.3% 11.2% 8.3% 10.0% 9.7% 8.6% 8.8% 3.5% 5.9% 4.0% 9.3%
Condominium 2.9% -- -- 12.5% -- -- 57.1% 20.0% 8.3% -- 15.4% 11.1% 20.0% 12.5% -- 25.0% -- 10.0% --
Building with 2-4 Units -- -- -- -- -- -- 25.0% 16.7% 36.4% 11.1% 41.7% 33.3% 25.0% 42.9% 10.0% 16.7% 16.7% 14.3% 20.0%
Building with 5+ Units 33.3% 60.0% -- -- -- 25.0% 25.0% 100.0% -- -- -- 71.4% 100.0% 80.0% 60.0% 66.7% 75.0% 66.7% 50.0%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.5% -- -- -- -- -- 3.7% 0.8% 0.4% -- -- -- 0.3% -- -- -- -- -- --
Single Family 0.7% -- -- -- -- -- 0.5% 0.5% -- -- -- -- 0.4% -- -- -- -- -- --
Condominium -- -- -- -- -- -- 50.0% 10.0% 8.3% -- -- -- -- -- -- -- -- -- --


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 1,620 1,444 1,100 554 497 378 352 487 467 375 386 516 451 382 502 529 757 413 288
Single Family 1,474 1,354 1,053 519 461 365 333 457 435 337 364 491 429 354 470 503 702 381 262
Condominium 89 37 28 14 15 8 8 19 12 15 11 5 11 9 11 10 19 12 13
Building with 2-4 Units 47 41 15 12 13 2 7 8 13 12 9 12 7 11 14 13 21 15 8
Building with 5+ Units 10 12 4 9 8 3 4 3 7 11 2 8 4 8 7 3 15 5 5


Mortgages per 100 Residential Parcels

This indicator allows users to compare the level of mortgage activity across geographies. This data point represents the total number of mortgage liens on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 27.1 24.1 18.4 9.3 8.3 6.3 5.9 8.1 8.0 6.3 6.5 8.7 7.6 6.5 8.5 9.0 12.8 7.0 4.9


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 52 57 100 169 249 260 205 228 127 84 76 48 45 53 29 11 7 26 14
Single Family 51 52 96 162 225 239 190 214 118 82 70 47 40 51 29 11 7 25 14
Condominium 1 4 3 4 8 10 6 10 3 1 2 -- 3 -- -- -- -- -- --
Building with 2-4 Units -- 1 1 3 13 8 9 3 6 1 4 1 1 2 -- -- -- 1 --
Building with 5+ Units -- -- -- -- 3 3 -- 1 -- -- -- -- 1 -- -- -- -- -- --


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.9 1.0 1.7 2.8 4.2 4.3 3.4 3.8 2.2 1.4 1.3 0.8 0.8 0.9 0.5 0.2 0.1 0.4 0.2


Cumulative Foreclosure Filings Activity

Annual levels of foreclosure filing activity likely do not convey the impact that foreclosure has had in a particular community, as geographies vary in density and size, and the drivers behind the Great Recession foreclosure crisis led to very different annual patterns of foreclosure filing activity across the region. This indicator represents the cumulative impact of foreclosure in a neighborhood measured as the unique share of residential properties that have had at least one foreclosure filing since 2005.


Property Type 2023
All Residential Properties 23.9%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 3 14 30 39 88 89 69 111 93 69 58 38 26 29 17 -- 1 11 9
Single Family 3 14 28 38 87 73 61 98 85 66 56 37 23 26 17 -- 1 10 9
Condominium -- -- 2 1 -- 5 4 5 7 2 -- 1 1 2 -- -- -- -- --
Building with 2-4 Units -- -- -- -- 1 7 2 8 -- 1 2 -- 2 1 -- -- -- 1 --
Building with 5+ Units -- -- -- -- -- 4 2 -- 1 -- -- -- -- -- -- -- -- -- --


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 100.0% 78.6% 96.7% 97.4% 97.7% 100.0% 97.1% 93.7% 91.4% 89.9% 91.4% 92.1% 92.3% 79.3% 76.5% -- 100.0% 63.6% 88.9%
Single Family 100.0% 78.6% 96.4% 97.4% 97.7% 100.0% 98.4% 93.9% 90.6% 89.4% 91.1% 91.9% 91.3% 76.9% 76.5% -- 100.0% 60.0% 88.9%
Condominium -- -- 100.0% 100.0% -- 100.0% 75.0% 100.0% 100.0% 100.0% -- 100.0% 100.0% 100.0% -- -- -- -- --
Building with 2-4 Units -- -- -- -- 100.0% 100.0% 100.0% 87.5% -- 100.0% 100.0% -- 100.0% 100.0% -- -- -- 100.0% --
Building with 5+ Units -- -- -- -- -- 100.0% 100.0% -- 100.0% -- -- -- -- -- -- -- -- -- --


REO per 100 Residential Parcels

This indicator allows users to compare the level of REO activity across geographies. This data point represents the total number of auctions resulting in REO status on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.1 0.2 0.5 0.6 1.4 1.5 1.1 1.7 1.5 1.0 0.9 0.6 0.4 0.4 0.2 -- -- 0.1 0.1


Population and Age

Reflects the composition of a community's population by age.

Population and Age

Reflects the composition of a community's population by age.


Indicator Value
Total Population 18,374


Population and Age

Reflects the composition of a community's population by age.


Indicator Value
Share of Population Aged 18 to 44 36.5%
Share of Population Aged 45 to 64 27.0%
Share of Population Aged over 65 11.3%
Share of Population Aged under 18 25.3%


Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.

Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.


Indicator Value
Share of Population that is Hispanic or Latino 58.3%


Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.


Indicator Value
Share of Population that is White 36.9%


Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.


Indicator Value
Share of Population that is African American 0.7%
Share of Population that is Asian 3.1%
Share of Population that is Some Other Race 1.0%


Household Income

Represents the composition of households by income in a particular geography.

Household Income

Represents the composition of households by income in a particular geography.


Indicator Value
Share of Households with Income Less than $25,000 15.3%


Household Income

Represents the composition of households by income in a particular geography.


Indicator Value
Share of Households with Income $25,000 to $50,000 18.1%
Share of Households with Income $100,000 or More 37.1%
Share of Households with Income $50,000 to $100,000 29.5%


Household Income

Represents the composition of households by income in a particular geography.


Indicator Value
Total Households 5,802


Poverty Rate

Reflects the share of the population that is below a current poverty threshold.

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 14.6%


Resident Tenure

The composition of households by tenure indicates the share of households that rent versus the share of households that own.

Total Households

Represents the composition of households by tenure.


Indicator Value
Total Households 5,802


Share of Households that are Owner-Occupied

The composition of households by tenure indicates the share of households that rent versus the share of households that own.


Indicator Value
Share of Households that are Owner-Occupied 73.4%


Share of Households that are Renter-Occupied

The composition of households by tenure indicates the share of households that rent versus the share of households that own.


Indicator Value
Share of Households that are Renter-Occupied 26.6%


Cost Burdened Households

A household is considered to be cost-burdened when more than 30 percent of its income is spent on mortgage, rent, or other housing needs.

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 28.7%


Share of Renter-Occupied Households that are Cost-Burdened

A household is considered to be cost-burdened when more than 30 percent of its income is spent on mortgage, rent, or other housing needs.


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 53.9%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 35.2%